Crude oil production in the United States had fallen sharply over the last two weeks in the wake of Hurricane Ida, but production for the next reporting period is on Continue Reading
Energy companies on Wednesday kept 30% of U.S. Gulf of Mexico crude oil production shut, or 537,193 barrels, according to regulator Bureau of Safety and Environmental Enforcement (BSEE), more than Continue Reading
It would have been unthinkable a few months ago: ramping up production was the last thing U.S. shale drillers would do amid a hesitant price recovery and heavy uncertainty around Continue Reading
Global crude inventories that ballooned during the pandemic have shrunk to the lowest level in 20 months as an economic rebound in top consumers China and the U.S. drive a Continue Reading
The slow-but-steady restoration of oil production in the Gulf of Mexico is continuing, with about 60% of output now back online. The latest data from the Bureau of Safety and Continue Reading
Hurricane Ida, which stormed through Louisiana at the end of August, has led to oil supply losses of 30 million barrels so far, driving the first decline in global oil Continue Reading
The world will have to wait until October for additional oil supplies as output losses from Hurricane Ida wipe out increases from OPEC+, the International Energy Agency said. Consumers should Continue Reading
A military coup in West Africa has underscored the potential benefits of stockpiling critical and strategic metals essential for the energy transition . The detention of Guinea’s president, Alpha Condé, Continue Reading
Over 40% of the U.S. Gulf of Mexico’s production of crude and natural gas remained shut on Monday two weeks after Hurricane Ida wreaked havoc in Louisiana, the regulator Bureau Continue Reading
U.S. energy producers have cut so deeply into a once-large reserve of oil wells waiting to be turned on they soon may have to resume drilling to keep production from Continue Reading
